The idea is simple: buy a property, fix it up, and then rent it until you're ready to sell. But the reality can be confusing, requiring in-depth financial and tax knowledge that most newcomers lack.

Rental-Property Profits walks you through every important step, from spotting smart investments to taking advantage of tax breaks and loop holes. With clear language and updated forms, worksheets, checklists, and formulas, this new edition explains how to:

Evaluate risks and opportunities in a post-recession market

Determine if you qualify for an investor loan

Calculate cash flow and maintain healthy levels

Establish sound bookkeeping and accounting systems

Handle rental property depreciation

Report annual income and expenses accurately

And much more

Housing is bouncing back, and the number of real estate investors is growing. This book will help build your nest egg, while bypassing costly mistakes.

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The idea is simple: buy a property, fix it up, and then rent it until you're ready to sell. But the reality can be confusing, requiring in-depth financial and tax knowledge that most newcomers lack.

Rental-Property Profits walks you through every important step, from spotting smart investments to taking advantage of tax breaks and loop holes. With clear language and updated forms, worksheets, checklists, and formulas, this new edition explains how to:

Evaluate risks and opportunities in a post-recession market

Determine if you qualify for an investor loan

Calculate cash flow and maintain healthy levels

Establish sound bookkeeping and accounting systems

Handle rental property depreciation

Report annual income and expenses accurately

And much more

Housing is bouncing back, and the number of real estate investors is growing. This book will help build your nest egg, while bypassing costly mistakes.